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A resolution to approve the Second Amendment to a grant contract for constructing affordable housing approved by RS2022-1857 between the Metropolitan Government of Nashville and Davidson County, acting by and through the Metropolitan Housing Trust Fund Commission, and Thistle Farms, Inc.
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WHEREAS, the Metropolitan Government of Nashville and Davidson County ("Metro"), acting by and through the Metropolitan Housing Trust Fund Commission, previously entered into a grant contract with Thistle Farms, Inc., for the express purpose of constructing affordable housing approved by RS2022-1857; and,
WHEREAS, Metro, acting through the Metropolitan Housing Trust Fund Commission, and Thistle Farms, Inc. executed a First Amendment to the grant contract on February 8th, 2024, which redefined the scope of the program, and was approved by RS2024-204; and,
WHEREAS, Metro, acting by and through the Metropolitan Housing Trust Fund Commission, and Thistle Farms, Inc., wish to amend Section B.1 of the grant contract by extending the term of the contract to 36 months, a copy of which amendment is attached hereto and incorporated herein; and,
WHEREAS, it is to the benefit of the citizens of the Metropolitan Government of Nashville and Davidson County that the amendment to the grant contract be approved.
NOW, THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. That this Second Amendment to the grant contract for constructing affordable housing between The Metropolitan Government of Nashville and Davidson County, acting by and through the Metropolitan Housing Trust Fund Commission, and Thistle Farms, Inc., a copy of which is attached hereto and incorporated herein, is hereby approved, and the Metropolitan Mayor is hereby authorized to execute the same.
Section 2. That this resolution shall take effect from and after its adoption, the welfare of the Metropolitan Government of Nashville and Davidson County requir...
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